Fracking Archives - Page 14 of 17 - Environment + Energy Leader

GE to Build $110m Fracking Research Center

April 4, 2013April 4, 2013 by Jessica Lyons Hardcastle

General Electric says it will build a $110 million research center in Oklahoma to study oil and gas extraction technologies including hydraulic fracturing. GE Oil & Gas is the company’s fastest-growing business, with revenues of more than $15 billion and earnings and new orders having each grown 16 percent in ... Read more »

Chevron, Shell, Enviros Set Fracking Standards

March 21, 2013March 21, 2013 by Jessica Lyons Hardcastle

Chevron, Shell and other natural gas companies and environmental groups have formed a new center that will set standards for drilling by hydraulic fracturing in the Appalachian Basin. Based in Pittsburgh, Penn., the Center for Sustainable Shale Development (CSSD) has established 15 initial performance standards that the groups say will ... Read more »

Policy & Enforcement Briefing: Pa. Drinking Water, German Shipper Banned, Chinese Solar

November 5, 2012June 30, 2013 by Leon Walker

The Pennsylvania Department of Environmental Protection reported incomplete drinking-water test results that omitted data on some toxic metals, because the department’s oil and gas division had not requested all the results. The report is part of a lawsuit claiming that fracking and storage of wastewater have contaminated drinking water and ... Read more »

Policy & Enforcement Briefing: Earthjustice Fracking Suit, Prestige Trial Opens, Canadian Protectionism

October 17, 2012June 30, 2013 by Leon Walker

Earthjustice filed a lawsuit against the state of California on behalf of the Center for Biological Diversity, Earthworks, Environmental Working Group and the Sierra Club in an effort to stop hydraulic fracturing. The suit accuses the California Department of Conservation’s Division of Oil, Gas, and Geothermal Resources of failing to ... Read more »

Policy & Enforcement Briefing: Cross-State Pollution, Gas Price Spike, Bioethanol Anti-Dumping

October 8, 2012June 30, 2013 by Leon Walker

The EPA filed a petition in the US Court of Appeals for the D.C. Circuit, which in August ruled 2-1 to suspend the agency’s cross state air pollution rule and ordered it rewritten. The EPA asked the court to rehear the case, arguing that the ruling was inconsistent with the ... Read more »

Policy & Enforcement Briefing: BP Settlement Talks, Chinese Wind Farm Buy, NY Fracking, US Fracking Poll

October 1, 2012June 30, 2013 by Leon Walker

Talks between BP and the US government to reach a settlement over the BP Gulf of Mexico 2010 oil spill have stalled because the US is holding out for at least $18 billion. BP wanted to resolve all criminal and civil penalties before the US election, but the board is ... Read more »

Water Disposal Most Severe Fracking Environmental Threat, Says Report

August 7, 2012August 7, 2012 by Leon Walker

The disposal of contaminated wastewater from hydraulic fracturing wells producing natural gas in the Marcellus Shale region presents risks from salts and radioactive materials that are “several orders of magnitude larger” than for other potential water pollution events examined in a report by Stony Brook University. Other water pollution pathways ... Read more »

Ceres: Exxon, Marathon, Others Give Investors Weak Reports on Drilling and Climate Risks

August 6, 2012August 6, 2012 by Leon Walker

Investors are not getting a clear, consistent picture of material risk from oil and gas companies, and may be exposing themselves to climate change-related risk, as fossil fuel production moves into more technologically demanding spaces, a Ceres report says. The report, “Sustainable Extraction? An Analysis of SEC Disclosure by Major ... Read more »

Apple, Colgate Among Companies Agreeing to 44 Shareholder Resolutions

July 20, 2012November 11, 2019 by Jessica Lyons Hardcastle

Apple, Intel, Colgate, Smucker’s, Crocs, and Garmin are among the companies whose investors successfully used shareholder resolutions to spur corporate action on climate change, hydraulic fracturing, supply chain and water availability risks, among other sustainability issues, during the 2012 proxy voting season. Advocacy group Ceres says of the some 110 ... Read more »

Policy & Enforcement Briefing: EPA Flare Standards, Aviation Carbon Trade Dispute, EU Emissions to 2050

June 4, 2012June 30, 2013 by Leon Walker

The EPA has issued updated standards for new flares and process heaters at petroleum refineries. The final rule will reduce emissions of sulfur dioxide, nitrogen oxides, and VOCs; CO2 emissions, though not directly addressed in the rule, are expected to drop by as much as 2 million tons per year. ... Read more »

Over $400m Invested in Water Technologies for Oil, Gas and Mining in Past Five Years

May 30, 2012 by Jessica Lyons Hardcastle

Venture capital funds XPV Capital, Meidlinger Partners, Enertech Capital and Energy Ventures have all made multiple investments in companies offering water management products for extractive industries, and these companies have raised more than $400 million in equity and debt over the past five years, according to a study by the ... Read more »

ExxonMobil, Chevron Investors Call For Fracking Risk Disclosures

May 24, 2012May 25, 2012 by Jessica Lyons Hardcastle

Chevron and ExxonMobil shareholders have filed proposals asking the companies to disclose risks to their operations and finances from hydraulic fracturing. Shareholder advocacy group As You Sow filed the ExxonMobil resolution on behalf of the Park Foundation, while Sisters of St. Francis of Philadelphia and Green Century Capital Management filed the ... Read more »

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